Charter Says CEO Lovett to Step Down on April 30 Or Sooner

Lock
This article is for subscribers only.

Charter Communications Inc., the fourth-largest U.S. cable company, said Chief Executive Officer Mike Lovett will step down on April 30, 2012, or earlier.

Lovett, 50, will remain CEO as Charter searches for a successor, the company said in a statement today. Lovett joined Charter in August 2003 and was named president and CEO in April 2010 after serving as the company’s executive vice president and chief operating officer.